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Idaho Hospital Association 2013 Economic Outlook & Revenue Assessment Committee 1.

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Presentation on theme: "Idaho Hospital Association 2013 Economic Outlook & Revenue Assessment Committee 1."— Presentation transcript:

1 Idaho Hospital Association 2013 Economic Outlook & Revenue Assessment Committee 1

2 Community Hospitals 6.5% Idaho GSP $3.78 billion 2

3 Hospitals – a vital part of Idaho’s economy US Department of Commerce – Bureau of Economic Analysis 3

4 Medicare $170 million County Indigent / State CAT $1.3 million Charity Care $45.1 million Bad Debt $99 million Medicaid $70.6 million Uncompensated Care 4

5 Medicaid Expansion – good for Idaho 64% of those eligible for Medicaid under the expansion work full or part time for employers who do not offer health coverage or are self-employed. Federal matching percentage (FMAP) for Idaho for Medicaid services moves from approximately 70% to 100 % for first three years, adjusting to 90% until $9.2 billion in new dollars will come into Idaho, stimulating the economy 16,000 new jobs created across all sectors 5

6 Medicaid Expansion – Significant Savings $622.3 million -$1,017.9 million Expansion Costs +$485.5 million CAT Fund Savings +$615.6 million Tax Revenues million County Indigent Savings +$110 million Behavioral and Public Health Savings 6

7 Clear Choice Escalating County Indigent and State CAT funds costs – topping $100 million in two years. Medicaid program will cost Idaho taxpayers $90 million over 10 years without expansion 7

8 Jobs & Payroll 24,873 people employed $1.26 billion annual payroll 8

9 Economic Impacts 66,428 jobs $2.88 billion in payroll Jobs $6.55 billion Economic Activity $139 million total tax impacts $62.2 million impact on sales tax Tax Impacts Includes direct, indirect, and ripple effect of jobs, payroll, expenses, & taxes 9

10 Idaho Hospitals Recognized for quality Idaho Overall Score = 84.1% Rank = 2 out of 51 Ranking on Quality, Patient Satisfaction, Mortality, & Readmissions 10

11 Congressional Cuts to Hospitals made on Jan. 1 Document and Coding Adjustment - $10.5 billion Rebase End Stage Renal Disease Payments - $4.9 billion Therapy Payment Reductions - $1.8 billion Radiology Services - $.3 billion Advanced Imaging Services - $.8 billion Diabetic Supplies - $.6 billion Ambulance Transports - $.3 billion Recovering Overpayments - $.5 billion Medicare Improvement Fund - $1.7 billion DSH Payments - $4.2 billion Coding Intensity Adjustment - $2 billion Rescind Consumer Operated and Oriented Plan - $2.3 billion 11

12 Quality Jobs & Job Creation Community Growth & Stability 12


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